Quarterly report pursuant to Section 13 or 15(d)

Acquisitions (Tables)

v3.7.0.1
Acquisitions (Tables)
6 Months Ended
Jun. 30, 2017
Business Combinations [Abstract]  
Fair Value of Net Assets Acquired
The following table summarizes the estimated acquisition date fair values of the acquisition:
Evaluated oil and natural gas properties
$
134,315

Unevaluated oil and natural gas properties
498,800

Asset retirement obligations
(168
)
Net assets acquired
$
632,947


Unaudited Summary Pro Forma Financial Information
The following unaudited summary pro forma financial information for the periods presented is for illustrative purposes only and does not purport to represent what the Company’s results of operations would have been if the Ameredev Transaction, Plymouth Transaction and Big Star Transaction had occurred as presented, or to project the Company’s results of operations for any future periods:

Three Months Ended June 30,
 
Six Months Ended June 30,

2017
(a) 
 
2016
(a) 
 
2017
(a) 
 
2016
(a) 
Revenues
$
82,283

 
 
$
48,534

 
 
$
166,699

 
 
$
91,149

 
Income (loss) from operations
23,743

 
 
(57,037
)
 
 
58,650

 
 
(92,488
)
 
Income (loss) available to common stockholders
31,566

 
 
(73,207
)
 
 
79,529

 
 
(112,115
)
 

 

 
 
 

 
 
 

 
 
 

 
Net income (loss) per common share:
 

 
 
 

 
 
 

 
 
 

 
Basic
$
0.16

 
 
$
(0.46
)
 
 
$
0.40

 
 
$
(0.80
)
 
Diluted
$
0.16

 
 
$
(0.46
)
 
 
$
0.40

 
 
$
(0.80
)
 

(a)
The pro forma financial information was prepared assuming the Ameredev Transaction occurred as of January 1, 2016 and the Plymouth Transaction and Big Star Transaction occurred as of January 1, 2015.